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Thread: [discussion] FOR SALE CheapBallsbridgeHotels.com

  1. #21
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    This is a marketplace, so if you're not interested in buying it, don't you just not make an offer? Why are we trying to discuss "down" the price - esp tomed. Its a marketplace, product is worth whatever the highest bidder is willing to pay - whether that makes sense to you or not?

  2. #22
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    Just a quick follow up to all that posted and maybe I will eat humble pie but as of now it ranks 1 and 2 for the term I guaranteed in my origional post-Cheap Ballsbridge Hotels. Its also page 1 for Ballsbridge hotels and coming in for all other related terms and combos. Course this could change overnight but is a great sign.

  3. #23
    Alan Guest

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    My 2 cent (for what its worth!!)

    Probably well overpriced to the average web developer... yet both of the contributors make valid points (without multi quoting etc I think most reg readers of this forum will know which ones)

    Fair play if you get it anyway Dara but I think as a long term investment the value in in the domain is not brilliant.

    My main point is:
    Ballsbridge traditionally is a high end market and it will return to that level in time so 'cheap' is not something which will ultimately attach itself to it.

    I just hope (and I m sure you will be) you are honest with those who do not realise you have put a quick script on the site and basically spent nothing on it either monetary or timewise. Yes there is value in intellectual capital but would hope that you have the good sense not to rip off non techies.

    Bit of value there, yes maybe, but not 2k. There is a bit of short term income in it but maybe thats where it stops.

    BUT as link8r said, its worth whatever the market will pay for it so best of luck.
    Last edited by Alan; 26-06-2009 at 12:39 AM.

  4. #24
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    Quote Originally Posted by Alan View Post
    My 2 cent (for what its worth!!)

    Probably well overpriced to the average web developer... yet both of the contributors make valid points (without multi quoting etc I think most reg readers of this forum will know which ones)

    Fair play if you get it anyway Dara but I think as a long term investment the value in in the domain is not brilliant.

    My main point is:
    Ballsbridge traditionally is a high end market and it will return to that level in time so 'cheap' is not something which will ultimately attach itself to it.



    Bit of value there, yes maybe, but not 2k. There is a bit of short term income in it but maybe thats where it stops.

    BUT as link8r said, its worth whatever the market will pay for it so best of luck.
    Alan,
    Sean Dunne, Liam Carroll and the "lads" thought so. Bottom line is you are wrong. If you set a precendent for "cheap" "Good Value" " bog basic " room rates you never recover. Ballsbridge was the highest valued property per sq meter on the planet some years back (if I'm not mistaking) based on these eejits out bidding each other on " what they might get zoning for"

    My main point is:
    Ballsbridge traditionally is a high end market and it will return to that level in time so 'cheap' is not something which will ultimately attach itself to it.

    "I just hope (and I m sure you will be) you are honest with those who do not realise you have put a quick script on the site and basically spent nothing on it either monetary or timewise. Yes there is value in intellectual capital but would hope that you have the good sense not to rip off non techies."

    People lets get real here-I'm not a rip off fly by night merchant (quite the opposite I hope)- ask a question.... whats the average booking worth to a hotel-then how much greater is that for a targetted niche term, factor in group bookings etc.? Will they get value for medium/long term Google rankings for small niche terms like Ballsbridge Hotels etc.(when beside a new International Stadium and have competitors actively marketing in a similar niche ) Answer IMO yes of course they will. Hotels are paying hefty money to rank for the term "Cheap Hotels"-this site is already in top 40-50 for that term so an added bonus....

    Anyway Alan thanks for the input-and yes I do know techies won't pay what I was asking-thats because most are techies and don't appreciate the difference that "poor" Jack in The Beanstalk made in the fairytale.... To sell at market or to risk it for a "biscuit"-that was the cows name!
    Last edited by Dara; 03-07-2009 at 03:26 AM.

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    I would have to say hotels in BB are gradually changing to having an image of being budget due to the somewhat... "going concern" nature of the D4 Hotels group.

    I could see you easily flogging that domain off to any one of the associated developers, if you had the right links. So you better put on your Sunday best and ask for lunch with one of them!
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  6. #26
    Dara is offline Wannabe Geek Dara is a jewel in the rough Dara is a jewel in the rough Dara is a jewel in the rough
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    Quote Originally Posted by Byron View Post
    I would have to say hotels in BB are gradually changing to having an image of being budget due to the somewhat... "going concern" nature of the D4 Hotels group.

    I could see you easily flogging that domain off to any one of the associated developers, if you had the right links. So you better put on your Sunday best and ask for lunch with one of them!
    Byron-you are bang on! Have actually decided not to sell but go a different route with it and redevelop the site properly. Actually spoke with every hotelier in the area or their sales managers last week to discuss my new approach. Not one was against it...and pretty much all of them expressed interest in being included as I figured they would.

    Of course a few raised eyebrows at the word "cheap" but they are realistic enought to know in most cases that the likes of this term is becoming more widely used daily by online searchers and that the site is not labelling hotels in the area as down market-rather moving with online trends.

    Would also reckon there was a lot of perceived "annoyance" in certain establishments towards the D4 hotels modus operandi but its simply competition so others need to adapt.

    Thanks for the comment!

  7. #27
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    Default A thing about the word "cheap"

    On face value, "Cheap" doesn't have to mean low-quality or low value - it just means that it's cheaper than all the rest or most of the rest.

    [Rant/Start] Americans have done cheap for years. Ireland is just a huge "value-add" centre - we've been sucked into and worship at the throne of big brands - like the unilever brands - we've bought into brands that are so overpriced and under-efficient its hilarious. We're guilt tripped into not shopping at Lidl/Aldi - that somehow a German low-price sales company would also have to equate to lower quality, that surely the ham is made from machines that spill mercury and that they don't abide by the qulaity standards "enforced" by Superquinn/Dunnes.

    Firstly, I doubt Dunnes and Superquinn do that much enforcing/quality control - in fact, they don't - much of this is bought in with the product - i.e. reselling the manufacturer's quality. I refuse to accept that Ireland is now superior to Germany in any area of productino - Food or otherwise...

    Secondly, Superquinn and Dunnes are just selling on the unilever products - take a look - most of what unilver sells is just sand (silica) based - washing power, toothpaste anyway take a look yourself...Our brands | Unilever Global - what you are paying for is the extra cost that they've gone to market it to you - like lovely well-mannered middle-class children running around on a warm summer day - we're little sheep running behind Brand Marketing like we're supposed to...

    [Rant/over]

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    Im Lost

    Only joking...

    ... I do honestly think enough people would search it, I have know people who will only search a place-name for anything with the word cheap or budget before it. Even the regulars to the area will now be thinking, my god recession, look for something cheap instead.

    It's colloquial (a word I cannot spell), but it will work. Like most hotels probably make a 100% markup, even 40 rooms at €99 a night would be worth buying the domain for! (thinks about pass maths (barely)
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  9. #29
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    Don't know if the markup is quite 100% but...

    ...I do remember a brilliant Fortune article a few years back about easyHotels and their planned expansion into the middle east, and other 3* hotels. It was a brilliant piece of math that went like this: The average 5* hotel costs about US$ 1 million PER room (taking into account the total cost of the hotel and dividing it by the number of rooms) and a 3* just US$50k - but the 5* would typically only be double to four times the rate, despite being 15 times the investment cost. Ok, they do have better margins on food and drinks but still....So from a business point of view, the guys behind Cheap Ballsbridge Hotels idea seem to have a lot of sense behind it.

  10. #30
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    Quote Originally Posted by Byron View Post
    I would have to say hotels in BB are gradually changing to having an image of being budget due to the somewhat... "going concern" nature of the D4 Hotels group.
    I don't think we'll ever see the Four Seasons or other pretige brands class themselves as "budget hotels".


    Quote Originally Posted by Dara View Post
    Byron-you are bang on! Have actually decided not to sell but go a different route with it and redevelop the site properly. Actually spoke with every hotelier in the area or their sales managers last week to discuss my new approach. Not one was against it...and pretty much all of them expressed interest in being included as I figured they would.

    Of course a few raised eyebrows at the word "cheap" but they are realistic enought to know in most cases that the likes of this term is becoming more widely used daily by online searchers and that the site is not labelling hotels in the area as down market-rather moving with online trends.
    Great to see you are going a different angle than your original plan. We always agreed that people now use the word "cheap" when searching for value.

    So are the plans to just build a portal of hotels in the area and offer discounted prices?

    If so I can see why the hoteliers having no problem being on the site. It doesn't affect their brand in anyway.

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